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aliassmith wrote:"As to methods there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble."Ralph Waldo Emerson

This is exactly what Rob Booker is preaching about in the Millionaire mastermind group.Principles first NOT rules or methods.

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aliassmith wrote:Interesting chart I marked up on December 31st.ZLresistance

A few little nuances I've learned recently about demand/supply in control and nested level."compression" was the biggest eye opener for me. I always thought lots of trading in an area with a STRONG breakout was good.NOT.Also, when the market keeps retesting in a trend, (efficiently) that is compression too. Those swings are already chewed up and price cruises right through all the "z-lines" most times...... trippy.

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See how we got a reaction @182 but it went deep in to the zone, then this time it's in deep again.Looking left you see lots of trading (more than 5 bars).Good level to scalp but not for long term.Wants to get down to a stronger weekly demand area.maybe, maybe not. LOL

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my thought is that after congestion - we must break out - one way or tother

"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

edit - clicked once and got three posts!! one way of getting the post count up

"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

1. Expect retracements that re-enter congestion. 2. Widen the spread between the BO and your limit order. 3. In long term congestion, play both sides short term rather than one side long(er) term. 3b. breakouts and re-entry (2nd & 3rd blue oval) are a little different; you still consider "3" but you also have a long term play in mind.

For the spiritual only:

It is best to not actively think about the problem Consider the basics without considering the answer & then let your mind flow like water

If you do not search for the answer then the answer will find you because the mind is always in motion. If you are lost then you should remain still or how else will those who are searching find you?